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Fathers insolvent estate, no will, company director. Help!

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  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    On the face of it this is a walk away but you can secure the property, remove valuables/sentimental for save keeping(do not dispose), make notifications and enquiries(asking the size of a debt or the account ballance) without intermeddling.

    Unless you uncover something to make dealing with this worth while probably best to leave alone, the secured creditors will probably extract what they can from the property and leave the rest of them to decide what to do.

    The company side should be left to the existing director although the share probably remains part of the estate which may have implications for him. I would also do some preliminary investigation on what it means for the estate, may depend on the articles used.

    If you do write or inform anyone often best to not give your contact details just refer them to the administrator and use the property address.
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